Mosman Oil & Gas #MSMN – Interim CEO Howard Mclaughlin talks to Andrew Scott

Andrew Scott talks to Mosman Oil & Gas CEO Howard Mclaughlin. Howard discusses the rationale behind engaging an independent 3rd party to evaluate the Sagebrush asset, and covers the work he and the team have already undertaken, including petrophysics, geological mapping and net pay calculations to arrive at Mosman’s own reserve assessment. Howard confirms that Sagebrush is very much on target vs. initial expectations, and then discusses the additional seismic work to be conducted over 16 sq miles at Sagebrush. They discuss the rationale behind the technical planning for Sagebrush 1 to confirm that gas can be extracted on a commercial and sustainable basis. Howard concludes by summarising Sagebrush as a World Class project, way ahead of other companies in the area, and that owning a $4.5m well drilled into the Leadville has saved Mosman a “ton of money and accelerated the Company programme.”